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Fed's Harker: Disappointing jobs report may not lead to rate cuts
According to news from Hash World, Fed Chairman Harker believes that despite the disappointing non-farm payroll report, it does not mean there will be a rate cut at this week's meeting. He is confident in the earlier decisions, and although the July data fell short of expectations, it must still be examined comprehensively. He emphasized that the labor market is generally balanced, and the report is just one of many pieces of information; assessing the labor situation is crucial in the current high inflation context.
#Cryptocurrency # Blockchain #EconomicReports # LaborMarket #HighInflation